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BRO

Brown & Brown

$37.61

0.35 (0.94%)

18:31
10/12/16
10/12
18:31
10/12/16
18:31

Brown & Brown raises quarterly dividend 10.2% to 13.5c from 12.25c per share

The dividend is payable on November 9 to shareholders of record on October 28.

  • 21

    Oct

BRO Brown & Brown
$37.61

0.35 (0.94%)

01/27/16
01/27/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BG Group (BRGYY) downgraded to Neutral from Outperform at Credit Suisse... Bed Bath & Beyond (BBBY) downgraded to Sell from Neutral at Citi... Bill Barrett (BBG) downgraded to Neutral from Buy at Ladenburg... Brown & Brown (BRO) downgraded to Underweight at Morgan Stanley... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at BTIG... Canadian National (CNI) downgraded to Market Perform from Outperform at Raymond James... DreamWorks (DWA) downgraded to Sell from Hold at Topeka... FirstMerit (FMER) downgraded at RBC Capital... Gentex (GNTX) downgraded to Neutral from Outperform at Baird... Haverty Furniture (HVT) downgraded to Sector Weight from Overweight at KeyBanc... Hercules Technology (HTGC) downgraded to Neutral from Buy at Compass Point... Horizon Technology (HRZN) downgraded to Market Perform from Outperform at Raymond James... Installed Building downgraded to Sector Weight from Overweight at KeyBanc... Jarden (JAH) downgraded to Neutral from Buy at Citi... K+S (KPLUF) downgraded to Sell from Hold at Berenberg... La-Z-Boy (LZB) downgraded at BB&T... Legacy Reserves (LGCY) downgraded to Market Perform from Outperform at FBR Capital... Medivation (MDVN) downgraded to Hold from Buy at Canaccord... Merck (MRK) downgraded to Neutral from Buy at BofA/Merrill... Metaldyne Performance (MPG) downgraded to Neutral from Outperform at Baird... Pier 1 Imports (PIR) downgraded to Sector Weight from Overweight at KeyBanc... Priceline (PCLN) downgraded to Neutral from Buy at Goldman... Profire Energy (PFIE) downgraded to Neutral from Buy at Chardan... Regeneron (REGN) downgraded to Hold at Canaccord... Starwood (HOT) downgraded to Underperform from Outperform at CLSA... Swiss Re (SSREY) downgraded to Equal Weight from Overweight at Morgan Stanley... TSYS (TSS) downgraded to Equal-Weight from Overweight at First Analysis... Talmer Bancorp (TLMR) downgraded to Sector Perform from Outperform at RBC Capital... TopBuild (BLD) downgraded to Sector Weight from Overweight at KeyBanc... TripAdvisor (TRIP) downgraded to Sell from Neutral at Goldman... VMware (VMW) downgraded to Hold from Buy at Summit Research... W.R. Grace (GRA) downgraded to Buy from Conviction Buy at Goldman... WEC Energy (WEC) downgraded to Neutral from Conviction Buy at Goldman... Welltower (HCN) downgraded to Underperform from Market Perform at BMO Capital... Yamana Gold (AUY) downgraded to Neutral from Overweight at JPMorgan.
03/21/16
WBLR
03/21/16
UPGRADE
WBLR
Market Perform
Brown & Brown upgraded to Market Perform from Underperform at William Blair
William Blair analyst Adam Klauber upgraded Brown & Brown (BRO) to Market Perform from Underweight after raising his view on the Insurance Broker sector to Neutral from Negative. Organic growth for the group should remain stable despite a challenging macro environment while earnings expectations have become more reasonable, Klauber tells investors in a research note. The analyst this morning also upgraded Arthur J. Gallagher (AJG) to Market Perform. He keeps Outperform ratings on AON Corp. (AON) and Willis Towers Watson (WLTW).
06/28/16
JPMS
06/28/16
INITIATION
Target $32
JPMS
Underweight
Brown & Brown initiated with an Underweight at JPMorgan
JPMorgan analyst Sarah DeWitt started Brown & Brown with an Underweight rating and $32 price target. With most of the company's brokerage revenue commission-based, it is highly sensitive to softening Property & Casualty pricing, DeWitt tells investors in a research note.
06/28/16
06/28/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on the today's top five analyst initiations with this list compiled by The Fly: 1. Cigna (CI) initiated with a Buy at Stifel by analyst Thomas Carroll, who has a $169 price target on the stock. The analyst said CEO David Cordani has made significant strides in positioning Cigna for a post-Affordable Care Act world and expects the company to continue adding strategic components that improve its competitive position, either as a stand-alone organization or as a component of Anthem (ANTM). 2. Ultragenyx (RARE) initiated with a Buy at BofA/Merrill with a $72 price target. The firm said Ultragenyx is positioning itself for long-term growth and has 4 late-stage clinical assets to treat orphan diseases that could generate $1.2B in revenue. 3. Brown & Brown (BRO) initiated with an Underweight at JPMorgan by analyst Sarah DeWitt, who put a $32 price target on the stock. With most of the company's brokerage revenue commission-based, it is highly sensitive to softening Property & Casualty pricing, DeWitt said. 4. NeuroMetrix (NURO) initiated with a Buy at Rodman & Renshaw by analyst Raghuram Selvaraju, who has a $4.50 price target on the stock. The company's Quell platform is differentiated from competitors in that it is a drug-free, non-invasive and wearable neuro-stimulation device that can provide systemic and effective pain relief, Selvaraju said. 5. Acadia Realty Trust (AKR) initiated with an Outperform at Boenning & Scattergood by analyst Floris van Dijkum with an Outperform and $38 price target saying the Street does not appreciate the strong rent reversionary potential of its street retail portfolio that warrants a much lower cap rate of 3.35%. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

NVEE

NV5 Global

$53.85

2.15 (4.16%)

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  • 30

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CSBR

Champions Oncology

$3.66

-0.09 (-2.40%)

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Champions Oncology awarded $2M from National Cancer Institute »

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WIN

Windstream

$1.96

0.03 (1.55%)

, UNIT

Uniti Group

$17.36

0.85 (5.15%)

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WIN

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UNIT

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0.85 (5.15%)

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  • 02

    Oct

OSIS

OSI Systems

$85.81

-1.08 (-1.24%)

08:32
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OSI Systems receives $16M in orders for ETD systems »

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  • 06

    Oct

AXON

Axovant Sciences

$24.25

-0.74 (-2.96%)

08:32
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08:32
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Breaking Hot Stocks news story on Axovant Sciences »

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  • 26

    Sep

GILD

Gilead

$83.61

0.34 (0.41%)

, KITE

Kite Pharma

$179.31

0.01 (0.01%)

08:31
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09/26
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08:31
Hot Stocks
Gilead, Kite Pharma announce expiration of HSR waiting period »

Gilead Sciences (GILD)…

GILD

Gilead

$83.61

0.34 (0.41%)

KITE

Kite Pharma

$179.31

0.01 (0.01%)

03/08/13
Wedge Partners
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03/06/13
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  • 29

    Nov

  • 12

    Feb

08:31
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09/26
08:31
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08:31
Conference/Events
Federal Reserve Bank of Atlanta President speaks on the economic outlook »

Atlanta Federal Reserve…

CAB

Cabela's

$61.50

0.03 (0.05%)

, SHOR

ShoreTel

08:30
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09/26
08:30
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08:30
Options
Two option delistings on September 26th »

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CAB

Cabela's

$61.50

0.03 (0.05%)

SHOR

ShoreTel

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08:30
09/26/17
09/26
08:30
09/26/17
08:30
General news
U.S. Case-Shiller home prices preview: »

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MSFT

Microsoft

$73.26

-1.15 (-1.55%)

08:29
09/26/17
09/26
08:29
09/26/17
08:29
Recommendations
Microsoft analyst commentary  »

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  • 02

    Oct

  • 22

    Oct

08:29
09/26/17
09/26
08:29
09/26/17
08:29
Conference/Events
House Homeland Security Committee to hold a hearing »

The Oversight and…

SNX

Synnex

$116.50

0.4 (0.34%)

08:28
09/26/17
09/26
08:28
09/26/17
08:28
Recommendations
Synnex analyst commentary  »

Synnex price target…

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  • 16

    Oct

  • 17

    Oct

08:28
09/26/17
09/26
08:28
09/26/17
08:28
Conference/Events
House Energy & Commerce Committee to hold a hearing »

The Subcommittee on…

RHT

Red Hat

$105.76

-0.54 (-0.51%)

08:28
09/26/17
09/26
08:28
09/26/17
08:28
Recommendations
Red Hat analyst commentary  »

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08:27
09/26/17
09/26
08:27
09/26/17
08:27
Conference/Events
Senate Banking, Housing & Urban Affairs Committee to hold a hearing »

The Committee holds a…

08:26
09/26/17
09/26
08:26
09/26/17
08:26
Conference/Events
Federal Reserve Bank of Cleveland President attends annual meeting »

Cleveland Federal Reserve…

LLY

Eli Lilly

$84.64

0.73 (0.87%)

, MNTA

Momenta

$17.55

0.4 (2.33%)

08:25
09/26/17
09/26
08:25
09/26/17
08:25
Conference/Events
The Food & Drug Law Institute to hold a conference »

Advertising &…

LLY

Eli Lilly

$84.64

0.73 (0.87%)

MNTA

Momenta

$17.55

0.4 (2.33%)

PFE

Pfizer

$35.51

-0.45 (-1.25%)

ONCE

Spark Therapeutics

$87.00

1.85 (2.17%)

MDT

Medtronic

$78.27

-1.43 (-1.79%)

SNY

Sanofi

$49.97

-0.37 (-0.74%)

ALIOF

Actelion

JNJ

Johnson & Johnson

$131.17

-0.22 (-0.17%)

ACL

Alcon

VRTX

Vertex

$149.10

-2.16 (-1.43%)

MRK

Merck

$65.18

0.05 (0.08%)

03/08/13
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  • 26

    Sep

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    Sep

  • 27

    Sep

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    Sep

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    Sep

  • 12

    Oct

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    Oct

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    Oct

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    Oct

  • 31

    Oct

  • 08

    Nov

  • 30

    Nov

  • 12

    Jan

  • 02

    Feb

HNHPF

Hon Hai Precision

$6.93

-0.6165 (-8.17%)

08:25
09/26/17
09/26
08:25
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Periodicals
Foxconn chairman to visit Wisconsin in October, DigiTimes reports »

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ICPT

Intercept

$61.23

-0.36 (-0.58%)

08:24
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COR

CoreSite Realty

$108.57

0.08 (0.07%)

, CONE

CyrusOne

$58.80

-0.51 (-0.86%)

08:24
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Conference/Events
RBC Capital to hold a tour »

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COR

CoreSite Realty

$108.57

0.08 (0.07%)

CONE

CyrusOne

$58.80

-0.51 (-0.86%)

QTS

QTS Realty Trust

$51.45

-0.17 (-0.33%)

ZAYO

Zayo Group

$34.51

0.32 (0.94%)

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  • 26

    Sep

  • 02

    Oct

  • 13

    Nov

ICPT

Intercept

$61.23

-0.36 (-0.58%)

08:23
09/26/17
09/26
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Intercept analyst commentary  »

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08:23
09/26/17
09/26
08:23
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Conference/Events
Scotiabank to hold a conference »

Fertilizers &…

AGN

Allergan

$211.61

6.96 (3.40%)

08:23
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08:22
09/26/17
09/26
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Conference/Events
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Japan TMT / Consumer…

AAPL

Apple

$150.55

-1.34 (-0.88%)

08:22
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  • 22

    Oct

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